News / Business

Dubai Real Estate Companies Report H1 2024 Profits of AED 7.01 Bn, Showing 19% Growth

The net profits of four real estate companies listed on the Dubai Financial Market surged by 19% during H1 2024, propelled by robust sales growth amidst the strengthening real estate and tourism sectors, alongside the accelerating pace of economic recovery in Dubai, Invest-Gate reports.

Alabbar Delighted to Extend Operations in Marassi on Egypt’s North Coast

Emirati businessman Mohamed Alabbar, Chairman of Emaar Properties, has expressed his delight at the positive reception and warm welcome to the proposal of extending operations in Marassi on the North Coast of Egypt by an additional two months, Invest-Gate reports.

Dubai Reports 17,000 Sales Transactions Totaling AED 55.5 Bn

Dubai’s real estate market has achieved a historic feat in July, boasting 17,000 sales transactions totaling AED 55.5 bn, Invest-Gate reports.

TMG’s $8.1 Bn Sales in SouthMED, Banan Confirm Real Estate Export Success

Talaat Moustafa Group Holding's (TMG) projects have significantly bolstered real estate exports and boosted the Egyptian state’s foreign exchange reserves with its remarkable sales performance in its global undertakings, specifically the SouthMED project in Egypt and Banan project in Saudi Arabia, Invest-Gate reports.

Monsha’at Introduces Real Estate Innovation Accelerator to Support Startups

The Small and Medium Enterprises General Authority in Saudi Arabia, “Monsha’at,” has unveiled the launch of the Real Estate Innovation Accelerator in collaboration with the Saudi Ministry of Municipalities and Housing, Invest-Gate reports.

Dubai Real Estate Sales Reaches AED 9.9 Bn in One Week

Dubai real estate sector saw transactions totaling AED 9.9 bn within a week, Invest-Gate reports.

Dubai Real Estate Sales Reaches AED 66.5 Bn within 45 Days

According to data from the Dubai Land Department, Dubai's real estate sales between the beginning of June and the middle of July reached AED 66.48 bn, with a total of 20.66 sales transactions recorded during this period, Invest-Gate reports.

Saudi Arabia Partners with Chinese Construction Giant to Build 20,000 Housing Units

The Saudi National Housing Company (NHC) has announced in a statement that it signed an agreement with China State Construction Engineering Corporation (CSCEC) to construct housing units in NHC's suburbs and communities throughout various regions of the Kingdom, Invest-Gate reports.

Fintech Dopay Raises $13.5 Million in Series A Extension Round to Empower the Next Billion Workers

Dopay, a rapidly growing fintech company that offers a digital payroll and payments platform for unbanked and underbanked workers in emerging markets, has announced the successful closure of a strategic $13.5 million Series A extension round, Invest-Gate reports.

Arab Bank Launches Electronic Payment Service via POS Devices

Arab Bank has launched an electronic payment service through point of sale (POS) devices in collaboration with Geidea, a leading company in financial technology and payment solutions., Invest-Gate reports.

Page 35 of 47

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password